Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Auld To Head AIG Financial Advisors, American General Securities
By Melanie WaddellJeffrey Auld has been named President and CEO of AIG Financial Advisors, Inc. and American General Securities Incorporated (AGSI), effective June 30, 2008. Auld succeeds...
June 16, 2008
Schwab Smoothes Road to IndependenceSchwab Institutional announced on June 12 a multipronged platform--with some existing planks, and some newly laid ones--to ease the transition process for brokers who wish...
June 15, 2008
Dutch Boy BluesRegulators trying to oversee the suitability of annuity sales no doubt understand the dilemma of the Dutch boy trying to plug the dike who stuck ...
June 13, 2008
Pershing Adds to FundVest PlatformPershing LLC, a subsidiary of The Bank of New York Mellon Corporation, has added American Funds, JennisonDryden, OppenheimerFunds and Van Eck Global to FundVest--Pershing's no-transaction-fee...
June 03, 2008
Agencies Ease Aon Comp AgreementState officials have agreed to let Aon Corp. acquire other insurance brokers without immediately ending the brokers' contingent commission arrangements.Aon, Chicago, agreed to end its ...
June 01, 2008
Read the Fine PrintJust as it's wise to read prospectuses before investing, be sure to read loan contracts in detail before you transfer, because some firms structure transition...
June 01, 2008
Risky BusinessTime is money, certainly in the U.S. stock market. In fact, in just a matter of years, the time it takes to process orders has...
June 01, 2008
Heating Up the DiscussionWhile industry trade groups are opposed to the mandatory disclosure requirements of the National Association of Insurance Commissioners' (NAIC) Climate Risk Disclosure Proposal, groups such...